Schneider Electric (EPA:SU) Earns Buy Rating from UBS Group

UBS Group reissued their buy rating on shares of Schneider Electric (EPA:SU) in a research report released on Thursday, Borsen Zeitung reports.

SU has been the topic of several other research reports. Deutsche Bank set a €87.00 ($101.16) price objective on Schneider Electric and gave the company a buy rating in a research report on Friday, July 26th. Berenberg Bank set a €73.00 ($84.88) price objective on Schneider Electric and gave the company a buy rating in a research report on Thursday, June 6th. JPMorgan Chase & Co. set a €88.00 ($102.33) price objective on Schneider Electric and gave the company a buy rating in a research report on Thursday, July 25th. Goldman Sachs Group set a €65.00 ($75.58) price objective on Schneider Electric and gave the company a sell rating in a research report on Wednesday, July 31st. Finally, Royal Bank of Canada set a €91.00 ($105.81) price objective on Schneider Electric and gave the company a buy rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €77.94 ($90.63).

Shares of Schneider Electric stock opened at €73.30 ($85.23) on Thursday. The firm has a fifty day simple moving average of €75.67. Schneider Electric has a 52 week low of €64.88 ($75.44) and a 52 week high of €76.34 ($88.77).

Schneider Electric Company Profile

Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. The Low Voltage business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.

Further Reading: Rule of 72

Analyst Recommendations for Schneider Electric (EPA:SU)

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